The HomeRate Mortgage Guarantee

Quick Quotes. Low Rates. Fast Closing Times.

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This is Ben Phillips and Eric Bradshaw with HomeRate Mortgage in Chattanooga TN. New Name, New Number, same Great Service! Call us today to find out, “How much you can SAVE!” or fill out our easy “3-Step Quote” above.

Our team of mortgage experts has been saving people money for years. The question is, “How much will we Save You?” We have saved clients hundreds even thousands of dollars off their monthly payments and hundreds of thousands of dollars over the life of their mortgage with our EZ Home Refinance program.

Mortgage Rates are at 50 year historical lows, but they won’t stay this low forever! Don’t procrastinate, call one of our Mortgage Specialists for a “Free – No Cost or Obligation Quote today!”

Low Mortgage Rates also means Increased Purchasing Power! You can buy more house for your money than ever before! Chattanooga has many apartments that charge $1000+ a month to rent. Why throw away that kind of money on Rent when you can Own? Check out our mortgage calculators and see for yourself.

For Example: A $250,000 new home loan at 4.25% for 30 yrs only has a principle and interest payment of $1,229.85! However, if rates returned back to 6% the same 250,000 new home loan for 30 yrs would have a principle and interest payment of $1,498.88.

HomeRate Mortgage $1000 Guarantee!!!!

We don’t charge any lender fees, because you shouldn’t have to pay to get a mortgage.

Why Choose HomeRate Mortgage? Simple!

Many of our clients save up to $350 per month!

*Varies by client

Fast Closings possible within 30 days for most clients!

*Varies by client

Quick Mortgage Quotes.

Ensure that your family has the best home loan today! It only takes 10 minutes with a HomeRate Mortgage Rep to get your Free Quote. Our 20+ years of local experience and knowledge means you can trust HomeRate Mortgage because our team has proven they can get your new home loan Approved!

Call Us, Today!

Your Mortgage Broker Should Share Your Interests

Buying a house is a big step and can be overwhelming. The last thing you need to add to your plate is worrying if you’re getting the best deal with your mortgage broker. Here at HomeRate Mortgage, we believe the best business practice is also the one that benefits our customers the most. When you’re happy, we’re happy.

Home Loans Continuously Change Their Conditions

If you’re new to mortgages or have had one before, it is important to know that policies, requirements, and conditions are always changing. We work with you, and your individual situation, to see what the best option is and what you qualify for.
Our team of experts is always up to date, and current on any changes made in the loan process and will quickly be able to work with you towards getting your loan approved.

Mortgages Simplified And Hassle Free

Some paperwork is necessary, but we don’t believe in just getting your signature and being done. It is our pride and pleasure to make sure you understand the terms and conditions of your new home loan or refinance so nothing it left unclear. We understand how valuable peace of mind is and strive to be available for any questions or concerns throughout the whole mortgage process.

Mortgage Companies Provide Unique Solutions

If you’ve found your dream home, we want to get you into it as soon as possible. Our team of experts works around the clock to get your information, quotes, and loan approved in a streamlined way. Fast closing times is one our top priorities, and we have years of experience perfecting the approval process, so you don’t have to wait.

Mortgage Lenders Are Here To Help

Mortgages can be confusing, but it doesn’t mean you have to feel lost. A good lender will always have your best interest in mind and go over options available to you, weighing the pros and cons of each. We believe the best things happen when people work together, which is exactly what we want to do.
With a variety of channels to call, message, or contact us, you will never be far from an expert who is happy to assist in any way possible.

Mortgage Lender Expertise At Your Finger Tips

You’ve done enough work saving, budgeting, and finding your dream home. Leave the rest to us.
It is our business to know what paperwork is needed, and where to process them, to get you the loan you need. With over 20+ years of local experience, we’ve mastered the process and know how to get things done efficiently. With your basic information and a few other details to fill in the blanks, we can review your options together and help secure the best home loan for you in no time.

Let’s Make First Time Home Buyer Loans A Not So Hidden Secret

Did you know there are numerous first time homebuyer programs you can take advantage of? We’ll help you sort through them all and see which one can save you the most money.

The HRM Loan Process

Can Vary Depending on Client-Specific Variables

Get Started

In less than 10 minutes you can submit your information to get started on your quote.

Get a Quote

We receive your application and provide your quote usually in 1 business day.

Sign Documents

Accept your quote and sign the necessary documents to begin the closing process.

Underwriting

Your signed documents are sent to underwriting for processing.

Final Approval

Once your application is processed and approved, your closing date is scheduled.

HomeRate Team Mortgage Service Area Map

Clear-Cut Recommendations When Considering A Home Loan

If you’re thinking about buying a house and using a conventional house loan in Cordova, TN, there are a lot of things that you must know first. You need to recognize that mortgage loans are usually unique in some way with respect to the lender. You can’t simply apply for a certain home loan without knowing their conditions and terms and the other elements which could impact your repayments. This is certainly a big investment so you cannot make a single mistake when you’re attempting to select a loan. It’s a good thing that there are lots of strategies to find a loan that will certainly fit your personal circumstances, preferences as well as your present financial situation. We’ll provide some suggestions on how to find the best home loan.

You must first compare the home loans by asking a loan estimate from the loan companies. You need to ask for a loan estimate for the lenders that you want to check since this can provide you some information about the loan features and fees. A loan estimate can also help you understand the amount that you should pay back over the life of the loan and also the payment amounts, fees and other charges. This will also provide you with a customized comparison rate so you might check the total cost of the loans. If a lender will not provide you with a loan estimate, you could remove them from your list right away. This is really important if you’d like to search for the best house loan with the best features and low interest rates.

If you are looking for a VA loan or an FHA loan, you are checking out the interest rate of the loan. It’s a good option to look into the interest rate, but there are some aspects that you have to check including the fees of the loan. There are instances when the lowest interest rates can have the most expensive fees so you must look at the loan first. You should calculate the amount that you’ll pay each month and the loan estimate can help you with this. The interest rate may also change due to many factors so make certain that you review the rates and ask a specialist for help if you’re having a hard time understanding the fees in the mortgage loan.

You should think about your repayment options when you are applying for a home loan. These loans will undoubtedly allow you to pay it back in 15 to 30 years based on your choice. You can always select the 15-year option where you should pay higher every monthly, but the loan will be finished faster and the total cost will be lower. If you want a lower monthly payment, you could opt for the 30-year option. However, the overall cost of the loan will be higher. You have to be sure that the lenders can provide you with a flexible repayment option.

If you want to locate the best home loan in Cordova, TN, these are recommendations that you can follow. Apart from these, there are other things that you should also consider like the reverse mortgage or you could decide to refinance a mortgage in the future. If you wish to find out if you can do these, you must speak specifically with the lenders.

ABOUT HRM

HomeRate Mortgage saves local home owners money. Our ultimate goal is to create lasting relationships with each of our clients so that we may continue providing excellent service for many years to come.